All Finance articles – Page 347
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HSJ Local
Alder Hey plans to cut pay bill by £4.7m this year
WORKFORCE: The foundation aims to reduce its spend on pay by £4.7m this year, £4.4m in 2012-13, and £3.8m in 2013-14, a February board report shows.
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HSJ Local
West Herts expects £7.5m surplus
FINANCE: In the last month of the financial year West Hertfordshire Hospitals was expecting a £7.5m surplus for 2010-11.
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NewsEarl Howe orders break-up of North West's 'anti-competitive' four year contract
Health minister Earl Howe has told NHS North West to break up a four year “framework” deal between the region’s specialised commissioning group and mental health service providers.
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News
Monitor's intervention threshold lowered in new framework
Monitor is set to intervene in more foundation trusts that are in danger of breaching their authorisation.
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News
Consortia to handle PCTs' savings burden
Primary care trusts with some of the toughest financial challenges in England are handing responsibility for the huge savings they must make this year to pathfinder commissioning consortia.
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NewsPublic sector managers wary of increased strike threat
Most employers fear increasing levels of industrial action in the next year, especially as public spending cuts start to take effect, a new study reveals.
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HSJ KnowledgeRealising actual cost savings through organisational strategies
In the second of two articles on savings, Andy McKeon and Nigel Edwards look at powering organisational strategies to achieve real cost-savings and avoid disappointing results.
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HSJ Local
Over-performance pushes down South Staffs forecast to breakeven
FINANCE: The primary care trust reported a surplus of £46,000 at the end of February, with a forecast outturn of breakeven.
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NewsPFI hospitals 'asset stripping', claims campaign group
Hospitals built under the private finance initiative are closing beds and cutting jobs in a “desperate bid” to balance their books, a campaign group has claimed.
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HSJ Local
Trafford aims to identify preferred takeover bid by July
STRUCTURE: Trafford Healthcare is due to publish a prospectus this month in its bid to be absorbed by a foundation trust.
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HSJ Local
North Cumbria opts for 'accelerated' process to select merger partner
STRUCTURE: The trust aims to have found a foundation trust to take it over by October this year, and to dissolve by October 2012, latest board papers show.
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HSJ Local
Mid Essex PCT heading for £3m surplus
FINANCE: Mid Essex PCT is forecasting a surplus for the 2010-11 financial year of £3m, which is £2m better than the plan.
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NewsReforms forcing managers to choose between job and prison, Information Commissioner warns
Data security in the NHS is being put at risk because managers are focusing on financial issues and structural reforms, the Information Commissioner has warned.
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News£90m mental health unit approved
A new £90m mental health unit in South Wales has moved a step closer after Welsh assembly minister Edwina Hart gave her blessing to the scheme.
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HSJ Local
NHS Hillingdon to miss surplus target
FINANCE: NHS Hillingdon is £4.9m behind its financial plan for 2010-11, reporting a deficit of £1.2m in February.
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HSJ Local
South West Essex to fall short on turnaround schemes
FINANCE: South West Essex PCT is forecasting that it will fall £11.6m short of its turnaround plan for the current financial year.
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HSJ Local
South West Essex PCT pins hopes on £8m contingency release
FINANCE: The South West Essex primary care trust will need £8m of contingency funds to break even this year.
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NewsNHS missing out on high-cost equipment savings
The NHS is missing the chance to save money on expensive equipment by failing to collaborate on purchasing and maintenance, a National Audit Office investigation has found.
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CommentMedia Watch: flu vaccine orders get in early
Just as everyone was reaching for their sunglasses, the Guardian reported how GPs had already been told to start ordering flu vaccine stocks for next winter.
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CommentLondon trusts' savings to fall short despite cost-cutting success
It is becoming clear that while trusts in London have succeeded in cutting costs during 2010-11, savings will fall significantly short of what was planned, meaning surplus targets will not be met.